Don’t Bet on Wall Street: The Financialization of Nature and the Risk to Our Common Resources | Food & Water Watch
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We were first introduced to Food & Water Watch during an effort to maintain local control of the publicly owned water system in our area. We have continued to support the efforts of FWW as they lobby for the best interests of the people of this planet.
Jennifer Neylon
June 27th, 2012

Don’t Bet on Wall Street: The Financialization of Nature and the Risk to Our Common Resources

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Summary:

All too often when an economist or banker looks out at an expanse of virgin forest or free-flowing river, she doesn’t see nature — she sees “natural capital.” This concept promotes the view that our natural resources should be attached a value and managed using market-based principles of supply and demand. It is the cornerstone of the “green economy” that many free-market proponents and market-oriented environmentalists assert will provide environmental sustainability.